D.A. Davidson & CO. Has $6.07 Million Stock Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

D.A. Davidson & CO. boosted its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 2.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 101,321 shares of the company’s stock after buying an additional 2,154 shares during the period. D.A. Davidson & CO.’s holdings in First Trust Enhanced Short Maturity ETF were worth $6,066,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of FTSM. LPL Financial LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 6.6% during the second quarter. LPL Financial LLC now owns 8,568,887 shares of the company’s stock valued at $510,706,000 after acquiring an additional 530,475 shares during the period. Cetera Investment Advisers lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 453.9% in the first quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock valued at $96,159,000 after purchasing an additional 1,321,695 shares in the last quarter. GDS Wealth Management boosted its position in shares of First Trust Enhanced Short Maturity ETF by 204.9% in the third quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock worth $88,131,000 after buying an additional 989,192 shares during the period. Cambridge Investment Research Advisors Inc. grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 4.2% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 1,388,183 shares of the company’s stock valued at $82,736,000 after buying an additional 56,415 shares in the last quarter. Finally, Raymond James & Associates grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 20.1% during the second quarter. Raymond James & Associates now owns 1,147,010 shares of the company’s stock valued at $68,362,000 after buying an additional 192,229 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.99 on Thursday. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.54 and a 1 year high of $60.16. The stock has a 50-day moving average price of $59.94 and a 200 day moving average price of $59.86.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, November 4th. Stockholders of record on Thursday, October 31st were given a $0.241 dividend. The ex-dividend date was Thursday, October 31st.

About First Trust Enhanced Short Maturity ETF

The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.